With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions ...
Neiman joins a portfolio that includes Saks Fifth Avenue and Saks Off 5th. HBC, owner of Saks, created the new company Saks ...
The close of the deal, which aligns two historic names in luxury retail across South Florida, comes with a CEO departure.
Leading luxury retail and real estate conglomerate Saks Global has finalised its acquisition of Neiman Marcus Group (NMG) for ...
Leading luxury retail and real estate conglomerate Saks Global has finalised its acquisition of Neiman Marcus Group (NMG) for ...
Saks Global executives say the financing of the deal recapitalizes the company and positions it to settle up with vendors.
Saks Global now includes Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH, each continuing to serve customers under their own brand. Richard Baker, Executive Chairman of Saks ...
The parent company of Saks Fifth Avenue signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon ...
The new company combining Saks and Neiman Marcus Group will be mainly led by the Saks team, but with many traditional ...
Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as ...
The deal to make Neiman Marcus Group part of Saks Global is complete, but its future won’t include the CEO of the Dallas firm.
The merged company will combine 36 Neiman Marcus and 41 Saks Fifth Avenue stores amid a faltering luxury retail market.